German group interested in potash from Kalium’s Beyondie project

German fertiliser group WITTRACO Düngmittel has expressed an interest in buying one fifth of Australian potash developer Kalium Lake’s sulphate of potash (SOP) production from its Beyondie SOP project, in Western Australia.

Kalium has signed a nonbinding offtake memorandum of understanding with WITTRACO for 20% of the project’s yearly SOP production during the first five years of production.

The ASX-listed project developer said in a statement on Friday that the German group planned to support the development of the Beyondie SOP project and that the companies planned to concert the MoU to a binding sales contract.